How to Avoid TDS( Tax Deduction on Source) on Fixed Deposit

Fixed Deposit( F.D)- Fixed Deposit are the fund on which the interest is paid for the fixed term & the funds can’t be withdrawn before m...

Fixed Deposit( F.D)- Fixed Deposit are the fund on which the interest is paid for the fixed term & the funds can’t be withdrawn before maturity, & if the fund is withdrawn before maturity giving notice, there will be a huge loss of interest.

As all know, banks make fixed deposit to customer which have higher rate of interest compare to saving account. But sometimes we all see the bank deduct some amount of fixed deposit as TDS (Tax Deducted at Source). To get back the Tax from Income Tax Department is not easy and most of the people including me avoid doing so. There are some tips to save the interest on fixed deposit from TDSHow to Avoid TDS( Tax Deduction on Source) on Fixed Deposit